Now, back to the business of business. And yesterday on Wall Street, business was good! The Dow rallied by nearly three percent and so did the S&P 500. For one day at least, investors decided to price stocks for a recovery instead of a recession. The very positive retail sales figures helped.
July 8th, 2010 | Dan Denning | 4 comments | ContinuedAll Posts Tagged With: "lending"
Billions in Bank Rescue Funds are Fueling Buyouts, Instead of Lending
Bank of American Corp. (BAC), which is getting $15 billion from the U.S. government as part of the Treasury Department’s $250 billion “recapitalization” effort…
November 27th, 2008 | The Daily Reckoning | 5 comments | Continued
